Assume the following information for a company that produced and sold 10.000 units during Year 1. It also produced 15,000 units and sold 12.000 units during Year 2, while producing 12.000 units and selling 15,000 units in Year 3. Per Unit Per Year $240 Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed manufacturing overhead Fixed selling and administrative expense. Using variable costing, what is the net operating income for Year 3? Multiple Choice O $575,000 $410,000 $800,000 $625,000 $57 $10 $11 $ 450,000 $250,000 Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed manufacturing overhead Per Unit Per Year $ 200 $ 80 $ 50. $ 10 $ 8 $ 295,000 Which of the following choices explains the relationship between the absorption costing net operating income and the variable costing net operating income? Multiple Choice The absorption costing net operating income will be lower than the variable costing net operating income by $101,500 The absorption costing net operating income will be higher than the variable costing net operating income by $29,500 The absorption costing net operating income will be lower than the variable costing net operating income by $29,500 The absorption costing net operating income will be higher than the variable costing net operating income by $101,500 Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: Per Unit Per Year Selling price $ 200 Direct materials $ 77 Direct labor $ 50 Variable manufacturing overhead $ 10 Sales commission $ 8 Fixed manufacturing overhead $ 300,000 Using absorption costing, what is the company's net operating income? Multiple Choice $215,000 $205,000 $225,000 $195,000 Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects cash sales of $35,000 and $38.500, respectively. It also expects credit sales of $55,000 and $65,000, respectively. The company expects to collect 35% of its credit sales in the month of the sale, 60% in the following month, and 5% is deemed uncollectible. What amount of cash collections would appear in the company's cash budget for the second month? Multiple Choice O O $104,000 $91.500 594,250 $22.750